MARCO 1602A
MARCO 1602A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Oxy USA WTP LP. It has 1 wellbore on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 265,094 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.1M, with roughly $286K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 359 barrels a month. Its strongest month on the record we hold was January 2017, at 18,782 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MARCO 1602A
- Who operates MARCO 1602A?
- MARCO 1602A is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is MARCO 1602A?
- MARCO 1602A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19550.
- Is MARCO 1602A still producing?
- MARCO 1602A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARCO 1602A is August 2026.
- How much has MARCO 1602A produced?
- MARCO 1602A has reported 265,094 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 1 wellbore.
- How much is MARCO 1602A worth?
- The remaining production from MARCO 1602A is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $834K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARCO 1602A is a fraction of it. The estimate fits an Arps decline curve to the production MARCO 1602A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARCO 1602A is an estimate of value, not an offer and not an appraisal.
- How much income does MARCO 1602A generate in a year?
- MARCO 1602A is forecast to net about $286K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARCO 1602A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 19550 |
| Wellbores | 1 |
| Reported production | 265,094 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MARCO 1602A sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.